Ministers warned from beginning over $350 cost-of-living payment
The Government has lifted the lid on the 2022 Budget, publishing a trove of behind-the-scenes document detailing how it was put together.
Budget 2022
OCR rise 'wipes out' $350 cost-of-living bonus
OCR rise 'wipes out' $350 cost-of-living bonus
The Government's $350 cost-of-living bonus announced last week in Budget 22 has been taken away with the Reserve Bank's cash rate rise, according to Kiwibank's chief economist.
Overlooked aged care sector dismayed
Overlooked aged care sector dismayed
No new funding for aged residential care in Thursday’s Budget will lead to the progressive collapse of the system which cares for the country’s elderly, a sector leader says.
Treasury advised against Budget's $350 payout
Treasury advised against Budget's $350 payout
Treasury advised against the Government's $350 cost of living payment in yesterday's Budget, saying it was a "poor mechanism for supporting households with a longer-term problem".
Key health and social sector targets missed in Budget
Key health and social sector targets missed in Budget
Balancing the books of government when it comes to a pandemic Budget was never going to be an easy task.
Robertson steers pragmatic course in Budget
Robertson steers pragmatic course in Budget
Budget 2022 is not the Budget many people needed, but it is perhaps the Budget the country needed to have.
Further help in Budget for first-home buyers
Further help in Budget for first-home buyers
It is good news for potential first-home buyers.
Robertson’s middle course
Robertson’s middle course
Finance Minister Grant Robertson favoured the word balance in the lead up to yesterday’s Budget.
Potential for novel vaccines, treatments and diagnostics
Potential for novel vaccines, treatments and diagnostics
A University of Otago immunologist and clinical microbiologist has welcomed the Government’s financial booster for RNA research and development, announced in Budget 2022.
Pressure now on Reserve Bank to raise interest rates
Pressure now on Reserve Bank to raise interest rates
For the first time in decades, this year’s Budget was delivered in the menacing shadow of inflation.
Tracking economic trends to chart secure course
Tracking economic trends to chart secure course
In Budget 2022 Finance Minister Grant Robertson is placing a great deal of faith in the projections contained within three graphs.
Bus discount welcomed, but service disruption rife
Bus discount welcomed, but service disruption rife
Dunedin bus users are pleased about an extension of half-price fares announced in yesterday’s Budget, but services in the city are being hit hard by driver sickness.
$350 payment for 2.1 million Kiwis
$350 payment for 2.1 million Kiwis
The Government has given struggling New Zealanders short-term relief from the increasing cost of living.
Budget 2022: Māori initiatives get over $1 billion
Budget 2022: Māori initiatives get over $1 billion
Māori initiatives are again getting more than $1 billion from this year's Budget, including $299 million towards health reforms.
'Backwards', 'brain drain' - Opposition MPs lay into Budget
'Backwards', 'brain drain' - Opposition MPs lay into Budget
Opposition MPs are not holding back in their disdain for Budget 2022, with National labelling it "backwards" and Act the "brain-drain Budget".
After families plead for help, Pharmac gets major funding injection
After families plead for help, Pharmac gets major funding injection
After extensive pressure on drug-buying agency Pharmac, and a major review of its operations, Budget 2022 has provided a big cash injection.
Nearly $3b to education, decile changes and pay parity
Nearly $3b to education, decile changes and pay parity
Nearly $3 billion of Budget cash is going towards the education sector as it moves away from the decile system and addresses pay parity issues.
Budget 2022: Snapshot for business
Budget 2022: Snapshot for business
The Government will introduce legislation to Parliament on Budget night, aimed at stopping supermarkets from blocking competitors from accessing land to open new stores.
First-home buyer loan scheme shaken up in budget
First-home buyer loan scheme shaken up in budget
For aspiring first-home buyers, price and income caps will now be reviewed every six months. Housing Minister Megan Woods said Budget 2022 would help more people get first home grants and loans.
Budget 2022: What you need to know
Budget 2022: What you need to know
There's a lot of spending flying around in Budget 2022 - here's the main expenses in an easy-to-read list.